7 Pa. Stat. § 6202
The following terms shall be construed in the act to have the following meanings, except in those instances where the context clearly indicates otherwise:
"Applicant" means a corporation applying for a license under the provisions of this act.
"Capital or capitalization" means the legal or stated capital which, at any particular time, is fully paid in and the sum of the par value of all shares issued and outstanding or the amount of consideration received by the corporation for all shares issued and outstanding without par value but is limited to the amount which has been credited to capital stock accounts.
"Charges" means and includes all interest or discount and the service charge which a licensee is authorized to collect by the provisions of this act.
"Consumer" means the person who is the maker on a note, or the acceptor of a bill of exchange, or the defendant on a judgment, or the mortgagor on a mortgage, or the lessee on a lease, or the bailee on a bailment, or the purchaser on a conditional sales contract, or the person or persons obligated to pay any other negotiable instrument defined as a "contract" under this act.
"Contract" means a promissory or judgment note, bill of exchange, judgment, mortgage, conditional sales, contract, lease or bailment by which the lessee or bailee has the option of becoming or is bound to become the owner of real or personal property upon full compliance with the terms of the agreement, or any other form of negotiable or nonnegotiable instrument evidencing an agreement to pay a sum certain in money at a fixed or determinable time, either by a single payment or by stated installments.
"Default" means failure to pay a contract when due or failure to pay any stated installment when due.
"Licensee" means a corporation holding a license issued under the provisions of this act, which license has not been cancelled, surrendered or revoked and has not expired.
"Person" includes an individual, partnership, association, business corporation, nonprofit corporation, common law trust, joint-stock company or any other group of individuals however organized.
"Revolving loan account" means an agreement pursuant to which (i) the licensee may permit the borrower to obtain one or a series of loans or advances from time to time: Provided, however, That the aggregate of the unpaid principal balances due a licensee from a consumer under this act on any date shall not exceed the sum of twenty-five thousand dollars ($25,000), (ii) the unpaid principal balances and the appropriate charges are debited to an account, (iii) the charges for the loan are computed on the outstanding unpaid principal balances of the account from time to time, and (iv) the borrower has the privilege of paying the balances in installments.
7 P.S. § 6202